Mr. Craig Rollins reports

DRUMMOND VENTURES CORP. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

Drummond Ventures Corp. shareholders have approved all of the matters brought before them by the requisite majorities at the annual general and special meeting of shareholders held today. At the meeting, it was resolved that (i) the number of directors of the company be fixed at three members with the three current directors of the company reappointed; (ii) MNP LLP be the auditor of the company for the ensuing year; (iii) the company's stock option plan be reapproved; (iv) the adoption of new articles in accordance with the Business Corporations Act (British Columbia) be approved; and (v) conditional upon completion of the company's proposed qualifying transaction involving Elton Resources Corp., the number of directors of the company be fixed at four with Carson Phillips, Michael Galego, Frederic Leigh and Rob McLeod appointed as the directors of the company.

Additional information concerning the meeting is available in the company's management information circular dated Oct. 18, 2024, and is available to the public under the company's profile on SEDAR+.

About Drummond Ventures Corp.

Drummond was incorporated under the Business Corporations Act (British Columbia) on March 28, 2018, and is a CPC within the meaning of the policies of the exchange that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in theexchange's Policy 2.4 capital pool companies, until the completion of its qualifying transaction, Drummond will not carry on business, other than the identification and evaluation of businesses or assets with a view to completing a proposed qualifying transaction.

We seek Safe Harbor.